TinC: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
TinC
Largest movements
- Tangible fixed assets -€182,407
down €182,407 (-90.7%), from €201,167 to €18,761
of which Land and buildings: -€175,218
- Current investments +€26,500
up €26,500 (+58.2%), from €45,542 to €72,042
- Receivables within one year +€8,512
up €8,512 (+68.4%), from €12,437 to €20,950
of which Other amounts receivable: +€7,332
- Cash +€7,782
up €7,782 (+55.1%), from €14,118 to €21,900
mainly Investment in fixed assets (net) (+€178,310) and Net result for the year (+€20,634)
- Intangible fixed assets -€4,868
down €4,868 (-38.3%), from €12,719 to €7,851
- Debts after one year -€145,504
down €145,504 (-92.8%), from €156,771 to €11,267
- Reserves -€22,699
down €22,699 (-52.6%), from €43,149 to €20,450
- Other debts +€15,588
up €15,588 (+33.7%), from €46,275 to €61,864
- Current portion of long-term debt -€11,965
down €11,965 (-82.7%), from €14,469 to €2,504
- Accrued charges and deferred income +€9,364
up €9,364 (+14,231%), from €66 to €9,430
- Gross operating margin +€50,137
up €50,137 (+306%), from €16,364 to €66,501
- Depreciation -€14,941
down €14,941 (-62.5%), from €23,906 to €8,965
- Taxes +€4,804
up €4,804 (+1,959%), from €245 to €5,049
- Other operating charges +€4,107
up €4,107 (+281%), from €1,463 to €5,570
- Financial charges -€2,852
down €2,852 (-26.8%), from €10,639 to €7,788
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €289,418 | €143,686 | -€145,732 | -50.4% |
| Fixed assets | 21/28 | €213,887 | €26,611 | -€187,275 | -87.6% |
| Intangible fixed assets | 21 | €12,719 | €7,851 | -€4,868 | -38.3% |
| Tangible fixed assets | 22/27 | €201,167 | €18,761 | -€182,407 | -90.7% |
| Land and buildings | 22 | €182,300 | €7,082 | -€175,218 | -96.1% |
| Plant, machinery and equipment | 23 | €5,451 | €0 | -€5,451 | -100% |
| Furniture and vehicles | 24 | €13,417 | €11,679 | -€1,738 | -13.0% |
| Current assets | 29/58 | €75,532 | €117,074 | +€41,543 | +55.0% |
| Amounts receivable within one year | 40/41 | €12,437 | €20,950 | +€8,512 | +68.4% |
| Trade receivables | 40 | €11,807 | €12,987 | +€1,180 | +10.0% |
| Other amounts receivable | 41 | €631 | €7,963 | +€7,332 | +1,162% |
| Current investments | 50/53 | €45,542 | €72,042 | +€26,500 | +58.2% |
| Cash at bank and in hand | 54/58 | €14,118 | €21,900 | +€7,782 | +55.1% |
| Deferred charges and accrued income | 490/1 | €3,435 | €2,183 | -€1,251 | -36.4% |
| Total equity and liabilities | 10/49 | €289,418 | €143,686 | -€145,732 | -50.4% |
| Equity | 10/15 | €68,398 | €47,744 | -€20,655 | -30.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €43,149 | €20,450 | -€22,699 | -52.6% |
| Distributable reserves | 133 | €43,149 | €20,450 | -€22,699 | -52.6% |
| Profit (loss) carried forward | 14 | €19,050 | €21,094 | +€2,044 | +10.7% |
| Amounts payable | 17/49 | €221,020 | €95,942 | -€125,078 | -56.6% |
| Amounts payable after more than one year | 17 | €156,771 | €11,267 | -€145,504 | -92.8% |
| Financial debts | 170/4 | €156,771 | €11,267 | -€145,504 | -92.8% |
| Amounts payable within one year | 42/48 | €64,183 | €75,245 | +€11,062 | +17.2% |
| Current portion of amounts payable after more than one year | 42 | €14,469 | €2,504 | -€11,965 | -82.7% |
| Financial debts | 43 | €42 | €67 | +€25 | +58.4% |
| Credit institutions | 430/8 | €42 | €67 | +€25 | +58.4% |
| Trade debts | 44 | €2,966 | €4,876 | +€1,910 | +64.4% |
| Suppliers | 440/4 | €2,966 | €4,876 | +€1,910 | +64.4% |
| Taxes, remuneration and social security | 45 | €430 | €5,934 | +€5,504 | +1,279% |
| Taxes | 450/3 | €430 | €5,934 | +€5,504 | +1,279% |
| Other amounts payable | 47/48 | €46,275 | €61,864 | +€15,588 | +33.7% |
| Accrued charges and deferred income | 492/3 | €66 | €9,430 | +€9,364 | +14,231% |
| Non-recurring operating income | 76A | €0 | €67,911 | +€67,911 | |
| Remuneration, social security and pensions | 62 | €250 | €0 | -€250 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,906 | €8,965 | -€14,941 | -62.5% |
| Other operating charges | 640/8 | €1,463 | €5,570 | +€4,107 | +281% |
| Non-recurring operating charges | 66A | €0 | €19,162 | +€19,162 | |
| Gross operating margin | 9900 | €16,364 | €66,501 | +€50,137 | +306% |
| Operating profit (loss) | 9901 | -€9,255 | €32,805 | +€42,060 | |
| Financial income | 75/76B | €1,149 | €666 | -€484 | -42.1% |
| Recurring financial income | 75 | €1,149 | €666 | -€484 | -42.1% |
| Financial charges | 65/66B | €10,639 | €7,788 | -€2,852 | -26.8% |
| Recurring financial charges | 65 | €10,639 | €7,788 | -€2,852 | -26.8% |
| Profit (loss) for the period before taxes | 9903 | -€18,745 | €25,683 | +€44,428 | |
| Income taxes | 67/77 | €245 | €5,049 | +€4,804 | +1,959% |
| Profit (loss) for the period | 9904 | -€18,990 | €20,634 | +€39,624 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,990 | €20,634 | +€39,624 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.